Couverture de Palladium's Wild Ride: From $1,736 to $1,673 as Tariff Talks and Hybrid Demand Clash

Palladium's Wild Ride: From $1,736 to $1,673 as Tariff Talks and Hybrid Demand Clash

Palladium's Wild Ride: From $1,736 to $1,673 as Tariff Talks and Hybrid Demand Clash

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This is your Daily Palladium Price Tracker with Vanessa Clark podcast.

Hey friends, welcome back to Daily Palladium Price Tracker with Vanessa Clark. I'm your host Vanessa, and today we're diving into the latest on palladium prices, what's driving the market, and some smart tips to keep you ahead.

Right now, as of this evening, palladium is trading around $1,673 per ounce according to Fortune's latest snapshot at 8:30 a.m. Eastern today. That's down a touch from yesterday's levels near $1,736 reported by JM Bullion and Xinhua News at early GMT hours, but it's been a rollercoaster week. Just a day ago on February 18th, Natural Resources Stocks noted it grinding higher by over 1 percent in a rebound from a metals selloff, fueled by USD strength and holiday-thin trading from China's Lunar New Year.

What's behind the moves? Demand from hybrid car catalysts remains strong, per Trading Economics, while recycling trends and potential tariffs on Russian supplies add uncertainty. Sibanye's push for U.S. tariffs on Russian palladium, backed preliminarily by the Commerce Department, could tighten things further. Prediction markets on Robinhood show bets leaning under key levels like $1,550 for today, hinting at trader caution.

For you listeners, here's your takeaway: If you're eyeing palladium as an inflation hedge or portfolio diversifier, cap it at 10 to 15 percent like experts suggest for precious metals. Watch hybrid vehicle sales and supply news from South Africa and Russia, as they swing prices fast. Track spot prices daily on sites like Kitco or JM Bullion to spot entry points, and consider ETFs for easy exposure without storing bars.

Thanks for tuning in, pals. Subscribe, share with a friend, and catch you next time on Daily Palladium Price Tracker!

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